Family of four estimated monthly costs are 4,436$ without rent. A single person estimated monthly costs are 1,215$ without rent. Cambridge is 1.37% less expensive than Seattle (without rent).
Is Cambridge Massachusetts expensive place to live?
Cambridge’s housing expenses are 215% higher than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average. Cambridge has grocery prices that are 12% higher than the national average.
How expensive is it to live in Cambridge Massachusetts?
With an estimated population of 107K, Cambridge is the 308th largest city in the United States.
Cost of Living in Cambridge, MA.
| Cost of living | One person | Family of 4 |
|---|---|---|
| ? Total with rent | $2938 | $6398 |
| ?️ Without rent | $875 | $2912 |
| ? Rent & Utilities | $2063 | $3486 |
| ?️ Food | $650 | $1678 |
How much do I need to make to live in Cambridge MA?
Housing cost in Cambridge, MA
The average rent price for a one-bedroom apartment is $3,014/month. According to the rent affordability calculator, this means you need to make about $10,000/month gross income with no other debts or loans. That’s an average salary of $120,000/year.
Is it cheaper to live in Cambridge or Boston?
According to Numbeo, Boston has a slightly cheaper cost of living compared to Cambridge. You will typically need to spend around $6,613 per month in Boston compared to $6,800 per month in Cambridge to maintain the same standard of living. This amount covers rent, utilities, and food.
What is the least expensive place to live in Massachusetts?
Whether you’re hoping to rent or buy a home, check out these five most affordable places to live in Massachusetts!
- Adams.
- Easthampton.
- New Bedford.
- Spencer.
- Westfield.
Is Cambridge affordable to live?
New research has revealed that Cambridge is one of the least affordable places for people on minimum wage to live.
What salary is good in Cambridge?
Average Salary in Cambridge
A person making $62,000 a year in Cambridge makes 38.6% more than the average working person in Cambridge and will take home about $47,095.
Why is Cambridge rent so expensive?
Cambridge. Cambridge is one of the nation’s strongest economies with the most well-educated workers in the country and the fastest population growth of any UK city. The huge demand for housing is held back by the need to conserve the historic city centre and the green belt that surrounds the city.
How much does it cost to live comfortably in Massachusetts?
How much does it cost to live in Massachusetts per month? A single person in Massachusetts needs about $3,792 per month to live comfortably.
Is Cambridge MA cheap?
Overall, Cambridge is 50% more expensive than the average town. However, most of this is due to housing. Housing is 126% more expensive than the rest of the United States.
What is middle class income in Massachusetts?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Couple |
|---|---|---|
| Maryland | $28,572 – $85,717 | $40,407 – $121,222 |
| Massachusetts | $28,129 – $84,386 | $39,780 – $119,340 |
| Michigan | $24,345 – $73,035 | $34,429 – $103,288 |
| Minnesota | $25,441 – $76,323 | $35,979 – $107,937 |
Where should I live if I work in Cambridge MA?
The Best Cambridge Neighborhoods | Where to Live in Cambridge (…
- MIT – Massachusetts Institute of Technology in Cambridge.
- Agassiz-Harvard – Cambridge’s Ivy League University Neighborhood.
- Cambridgeport – Southern Community Along the River.
- Riverside – Great Cambridge Neighborhood for Families.
Is Cambridge MA a rich area?
Cambridge has among the highest percentages of rich millennial households in the country. As the tech field continues to grow in Kendall Square and throughout the rest of Cambridge, so has the wealth of the industry’s young workers.
What part of Boston is the cheapest to live in?
What are the Most Affordable Neighborhoods in Boston?
- Allston-Brighton.
- Dorchester.
- East Boston.
- Roslindale.
- Hyde Park.
Is Cambridge a wealthy town?
Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences.
What is the nicest town in Massachusetts?
- Boston. Officially the capital city of the Commonwealth of Massachusetts, Boston is considered to be the 24th most populous city in the country with a population of over 684,000 people.
- Cambridge.
- Worcester.
- Newton.
- Salem.
What is the number 1 cheapest state to live in?
Mississippi
Mississippi
Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average. The median single family home costs around $140,818.
What is the safest city to live in Massachusetts?
Wayland
Wayland is new to the list and the SafeWise’s new number 1 in Massachusetts. None of the safest cities reported murders, and nine reported 0 robberies. Property crime rates dropped from 11.8 per 1,000 to 10.5. There was a slight year-over-year decline in violent crime, from 3.3 incidents per 1,000 people to 3.1.
Is Cambridge MA a nice place to live?
Cambridge, Mass. has been ranked the second-best city to live in the U.S. according to a new rankings report from Niche.
Is Cambridge MA a good city to live in?
Thanks to its public schools, diversity, and night life, Cambridge ranks as the second best city to live in America, according to Niche’s Best Places to Live Rankings.